Multi-Asset Class Investing: Part 3 – Knitting Together an Attribution
…after- returns of the notional portfolio achieved by executing that step’s process. An example of a typical process-based attribution might appear as below: Going a step further, individual efforts can be further decomposed using step-specific methods: e.g., strategy- or decision-based techniques. CONCLUSION Our previous examinations of the Multi-Asset Class phenomenon considered motivations, benefits, and practices of MAC investing that distinguish…